Turkish DCM shrugs off S&P snub

The effects of Standard & Poor’s reduction of outlook on Turkey have been muted, while some sectors of the country’s debt capital markets hobble along at their own pace.

Turkish banks rush for gold

A visit to a municipal wedding hall in Istanbul nowadays would be enough to show how far Turkish banks are willing to go to get hold of the gold kept under the pillow and outside the financial system.

Haitong IPO is a bellwether for Asian ECM

With primary Asian equity markets quiescent so far this year, ECM bankers are hopeful that the well-supported IPO expected from Haitong Securities will spark off an issuance revival.

No room for complacency on CEE debt

Central and eastern European governments have exploited the flattering contrast between their headline debt numbers and those of western Europe to achieve ever lower funding costs.